JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.18

Today's Change

-0.005 (2.70%)

Day's Change

0.18 - 0.185

Trading Volume

1,619,500


36 people like this.

54,571 comment(s). Last comment by valueinvestor33 58 minutes ago

speakup

21,007 posts

Posted by speakup > 2 months ago | Report Abuse

Andy will only push up after u sell

Posted by SarifahSelinder > 2 months ago | Report Abuse

Long suffering in denial shareholders who kept asking Andy kat AGM When pay dividend? When pay dividend? U r responsible for this drop in price too

Posted by SarifahSelinder > 2 months ago | Report Abuse

Don't pressure Andy to pay dividend in 2023..

Posted by SarifahSelinder > 2 months ago | Report Abuse

Boom?? Nothing has changed and u think it will boom

Long suffering in denial

Posted by SarifahSelinder > 2 months ago | Report Abuse

No telling Andy not to do the PP

No undertaking by u to do the DRP

Boom???

Posted by SarifahSelinder > 2 months ago | Report Abuse

Long suffering in denial...

SomaCruz89

144 posts

Posted by SomaCruz89 > 2 months ago | Report Abuse

Suffering will end very soon. See you in the moon

Posted by SarifahSelinder > 2 months ago | Report Abuse

Price dropping like crazy sbb well meaning Andy trying hard extra hard to pay divvy in 2023 ??

Posted by SarifahSelinder > 2 months ago | Report Abuse

HaHa

Well meaning Andy

Tragedy

Well meaning Andy

Catastrophe

Posted by SarifahSelinder > 2 months ago | Report Abuse

Andy well meaning Andy don't do PP to pay divvy!!

curiousq

349 posts

Posted by curiousq > 2 months ago | Report Abuse

wet wet song
can buy cheap

Posted by SarifahSelinder > 2 months ago | Report Abuse

Good to transition to kounter jiwa divvy

Tapi bukan cara mcm ni

Andy

Posted by SarifahSelinder > 2 months ago | Report Abuse

Andy

Don't do PP to pay divvy

Andy

SomaCruz89

144 posts

Posted by SomaCruz89 > 2 months ago | Report Abuse

Those in the private group basically licking their own wounds now. Just accept the hit like a real man and keep going.

Posted by It's Compounding > 2 months ago | Report Abuse

I have the feeling that it was KYY and OTB who pressed down the price. Revenge on ALP.

SomaCruz89

144 posts

Posted by SomaCruz89 > 2 months ago | Report Abuse

Then, I have the feeling what goes down will come up!

Posted by ValueInvestor888 > 2 months ago | Report Abuse

ALP treats all shareholders like water fish with endless PP and RI...with so many poor business decision as all businesses lost money except for power plant.


Current price can bet some as historical low with mkt cap of just RM 400m. Let say local business still bleeding RM 50m per year, still got RM 100m profit from power plant.

Posted by ValueInvestor888 > 2 months ago | Report Abuse

Better ALP not doing anything and retire and sell all businesses and just keep the power plant will do. With this, even you put a monkey as CEO of Jaks, company also can make RM 150m profit....

SomaCruz89

144 posts

Posted by SomaCruz89 > 2 months ago | Report Abuse

I don't mind to be that monkey earning CEO salary

Just88

289 posts

Posted by Just88 > 2 months ago | Report Abuse

A lot of people buying now. So, 0.20 is going to be the floor price? Anymore people waiting for 0.10?

Sslee

1,656 posts

Posted by Sslee > 2 months ago | Report Abuse

Let say local business still bleeding RM 50m per year, still got RM 100m profit from power plant.

You forget to put in another RM 50M for impairment loss on goodwill and receivables + another RM 14M on LTIP expenses.

The good news is the balance on Goodwill in Balance sheet is now RM 23.5 M

Just88

289 posts

Posted by Just88 > 2 months ago | Report Abuse

The good news is there will be 200m profit from power plant next year after the ownership in the power plant is increased to 40%.

SomaCruz89

144 posts

Posted by SomaCruz89 > 2 months ago | Report Abuse

Just88 please console those hiding in the private group. The day JAKS shine like a diamond is near. Just wait the next quarter! $,$

Sslee

1,656 posts

Posted by Sslee > 2 months ago | Report Abuse

The bad news is need another PP to pay for the addition 10% equity option.

SomaCruz89

144 posts

Posted by SomaCruz89 > 2 months ago | Report Abuse

That is not a bad news for a long term

Wealthy99

75 posts

Posted by Wealthy99 > 2 months ago | Report Abuse

I suspect @SomaCruz89 is either own a huge number of Jaks, or, being paid to say good about Jaks, or, relative of Jaks owners.
Just take it privatize easier. Don't keep listing since cannot perform. Some conned stocks still can goreng up. This one totally OKU.
----------------
SomaCruz89
That is not a bad news for a long term

Wealthy99

75 posts

Posted by Wealthy99 > 2 months ago | Report Abuse

PP, right issue, PP, right issue then consolidate.
Same pattern seen in those kind of stocks. People not learn. "Hope" is not suitable in stock. "Hope" is kind of miracle. "Hope" in stock is a designed for loss.

Just88

289 posts

Posted by Just88 > 2 months ago | Report Abuse

somacruz, since you have chosen to leave, why still so concern about the group. If you wish to get back in, please contact Ah Seng. Except those who followed DK's exit plan, everyone is losing money only more or less. Those who cut loss earlier are less sad than those still holding until now. 五十步无需笑一百步。

SomaCruz89

144 posts

Posted by SomaCruz89 > 2 months ago | Report Abuse

I'm just a small shareholder that still believe in this stock. I don't plan to go back private group because there are a lot of sore losers

speakup

21,007 posts

Posted by speakup > 2 months ago | Report Abuse

SomaCruz u believe in Andy.
But Andy doesn't believe in u.

SomaCruz89

144 posts

Posted by SomaCruz89 > 2 months ago | Report Abuse

I believe we all can fly like AAX

SomaCruz89

144 posts

Posted by SomaCruz89 > 2 months ago | Report Abuse

Pacific Star review by Sean Tan
https://youtu.be/jT_2Y5T8F2g

Posted by ValueInvestor888 > 2 months ago | Report Abuse

@sslee, that is a risk of investing at lousy mgt that investors need to know. All those promising calculation by some really made a lot investors who lost heavily.

At current mkt cap of RM 400m, i will bet small. Has the kitchen sinking exercise almost done in you view?

Sslee

1,656 posts

Posted by Sslee > 2 months ago | Report Abuse

At this price is very tempting.
Someone is pushing down the price for big boss to collect PP cheaply.
Once PP is over then price will be pushed up for big boss to sell and the cycle repeat again.

Sslee

1,656 posts

Posted by Sslee > 2 months ago | Report Abuse

I think the kitchen sinking exercise is almost done the only unknow is the outcome of court case with Star and Other.

Posted by The_JQuestion > 2 months ago | Report Abuse

WOw ssleee upbeat .... put into watch list to collect

SomaCruz89

144 posts

Posted by SomaCruz89 > 2 months ago | Report Abuse

Cheap sales lai liao. Buy before the end of the sale!

Posted by ValueInvestor888 > 2 months ago | Report Abuse

Bet not more than 20% of your funds at current price should be ok... I also think kitchen sinking exercise is almost done.

After operators collect enough, promoters will surface again, of course with difference names....

Posted by ValueInvestor888 > 2 months ago | Report Abuse

This year power play :
Toyoven - price goes up from 60 sen to RM 1.40 in few month times
YTL Power - price goes up from 66 sen to 85 sen
jaks - price at historical low. Current mkt cap = RM 400m. Power plant share of profit RM 150m per year + LSS4 profit (COD by 2nd quarter 2023) minus local business losses.

Posted by SarifahSelinder > 2 months ago | Report Abuse

Suffer la akibat nya

No DEAL WITH THE DEVIL

Just88

289 posts

Posted by Just88 > 2 months ago | Report Abuse

What is the biggest fear about jaks now?

amateurJR

2,330 posts

Posted by amateurJR > 2 months ago | Report Abuse

This company lousy la.

SomaCruz89

144 posts

Posted by SomaCruz89 > 2 months ago | Report Abuse

Fear of losing the golden opportunity to collect cheap ticket before the share price fly high and break new ATH

Posted by SarifahSelinder > 2 months ago | Report Abuse

Andy

Coherence is important

Andy

SomaCruz89

144 posts

Posted by SomaCruz89 > 2 months ago | Report Abuse

OMMGG JAKS no need defender but whale/shark to pump it

Posted by SarifahSelinder > 2 months ago | Report Abuse

Or Andy

NOW NOW NOW NOW is the best time to declare dividend

Sarifah pasti at current price byk kan buat DRP

Declare dividend NOW!!

Declare NOW!!!!!

Sarifah want to do Dividend Reinvestment Plan at current price

Posted by SarifahSelinder > 2 months ago | Report Abuse

Can declare DRP NOW

NOW!!!

c72m Vietnam IPP dividend already kat bank

Posted by SarifahSelinder > 2 months ago | Report Abuse

Andy

Declare an interim single tier dividend of 3 sen per share NOW!!

NOW!!!!

curiousq

349 posts

Posted by curiousq > 2 months ago | Report Abuse

YEs, will declare 3 sen div for hariraya enjoyment !!
investors, especially muslim imvestora are extremely happy !!

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